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CIPS Updated L4M6 Exam Questions and Answers by ayva

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CIPS L4M6 Exam Overview :

Exam Name: Supplier Relationships
Exam Code: L4M6 Dumps
Vendor: CIPS Certification: CIPS Level 4 Diploma in Procurement and Supply
Questions: 180 Q&A's Shared By: ayva
Question 16

Which of the following are possible drivers for partnership sourcing? Select THREE.

Options:

A.

The protection of intellectual property rights

B.

The marketplace has become more volatile

C.

Working together will create synergies

D.

The need to improve performance to satisfy the end customer

To increase production costs and lead-times

Discussion
Question 17

Which of the following relationship types require the most investment from the buyer?

Options:

A.

partnership

B.

strategic alliance

C.

single source

D.

adversarial

Discussion
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Question 18

Which of the following would not affect rivalry in a marketplace? Select TWO.

Options:

A.

industry growth or decline

B.

exit barriers

C.

switching costs

D.

supply chain disruption

E.

legislative changes

Discussion
Question 19

Intellectual Property Rights (IPR) include items such as copywrite and trademarks. A buyer is considering entering into a partnership with their supplier to create a new product which will be released in two years’ time. Should IPR be included into a contract between partners?

Options:

A.

Yes- IPR should always remain with the buyer- this will protect those rights

B.

Yes- IPR is a valid concern for both parties but will survive the termination of the agreement

C.

No- a separate legal agreement should be created to cover IPR

D.

No- a contract is not necessary if it is a partnership.

Discussion
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